What is Premise?
Founded in 2012 and headquartered in San Francisco, California, Premise offers a distinctive alternative to traditional data collection methods. By eschewing time-intensive polls, surveys, or costly direct observation, Premise provides a more agile and efficient approach to gathering field data. Its platform is designed to deliver actionable insights, catering to a wide range of industries that rely on accurate and timely information for strategic decision-making. The company's focus on technological innovation in data acquisition positions it as a key player in the evolving analytics landscape.
How much funding has Premise raised?
Premise has raised a total of $147M across 4 funding rounds:
Series B
$11M
Series C
$50M
Debt
$1M
Series E
$85M
Series B (2014): $11M with participation from Harrison Metal Capital, The Social + Capital Partnership, Bowery Capital, Andreessen Horowitz, and Google Ventures
Series C (2015): $50M led by Social + Capital Partnership and Valor Equity Partners
Debt (2020): $1M supported by PPP
Series E (2021): $85M featuring Vista Credit Partners, Westcap Group Inc, DRW Holdings, LLC, NightDragon, and Winslow Capital Management LLC
Key Investors in Premise
NightDragon
NightDragon is described as a wholly privately funded independent feature film, a dark suspenseful drama. This description appears to be unrelated to typical venture capital or strategic investment profiles, suggesting a potential data anomaly or a highly specialized, non-traditional investor.
Social + Capital Partnership
Social Capital is an investment firm focused on transformative ideas, innovative technologies, and talented individuals, aiming to create positive impact through its investment strategies. They offer resources for learning and communication, serving investors and stakeholders interested in socially responsible and impactful ventures.
Valor Equity Partners
Valor Equity Partners provides financial services focused on investment activities. Headquartered in Chicago, Illinois, the firm was established in 2001 and engages in various investment operations.
What's next for Premise?
The substantial enterprise-level backing and recent strategic investment signal a pivotal phase for Premise. This capital will likely be deployed to enhance its technological infrastructure, expand its global data collection network, and deepen its analytical capabilities. As the demand for real-time, on-the-ground data continues to surge across various sectors, Premise is strategically positioned to capitalize on market opportunities, potentially exploring new verticals or strengthening its existing market share through aggressive scaling and product innovation. The company's trajectory suggests a focus on solidifying its leadership in the data and analytics space.
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